Multimillionaire cryptocurrency trader James Wynn returned despite numerous previous liquidations, signaling renewed confidence in Bitcoin’s near-term upside momentum. Wynn returned with two new leveraged positions, including a 40x leveraged Bitcoin (BTC) long position worth over $19.5 million at $117,000, which could be liquidated if the price fell below $115,750. Wynn has already incurred $1.4 million…
Read more
Payment solution company Ripple has confirmed its intention to pursue a Markets in Crypto Assets (MiCA) license to expand into the EU. In messages sent to Cointelegraph, a Ripple spokesperson said the company intends “to become MiCA-compliant” as it recognizes “significant opportunity in the European market.” The statement follows Ripple’s registration of Ripple Payments Europe…
Read more
BlackRock, the world’s largest asset manager with $11.5 trillion in assets under management, reported a massive increase in cryptocurrency fund inflows in the second quarter of 2025. According to BlackRock’s quarterly earnings released on Tuesday, Q2 inflows into its crypto iShares exchange-traded funds (ETFs) surged 366% to $14 billion, up from $3 billion in the…
Read more
Bitcoin mining company MARA Holdings has completed a minority acquisition of Two Prime, an institutional investment adviser managing $1.75 billion in assets, in a deal that significantly increases the amount of BTC Two Prime manages on MARA’s behalf. The minority stake included a $20 million equity investment in Two Prime, with MARA increasing its Bitcoin…
Read more
A Satoshi-era Bitcoin whale has reawakened after 14 years of dormancy, potentially looking to sell more than $4 billion worth of BTC. The major cryptocurrency holder has 80,000 Bitcoin (BTC) in their stash. The whale transferred 40,010 BTC worth over $4.6 billion on Monday, of which 28,600 BTC were subsequently transferred to Galaxy Digital, data…
Read more
Key points: Bitcoin’s speculative investor base now has an aggregate buy-in price of above $100,000. Profit-taking ramps up as $3.5 billion is realized in just 24 hours. The mystery owner of a 14-year-old BTC wallet sends 40,000 BTC to Galaxy Digital. Bitcoin (BTC) speculators hit a new milestone as their aggregate buy-in price passed $100,000…
Read more
Key takeaways: High whale activity on Binance and profit-taking by long-term holders may increase selling pressure and volatility. Bitcoin could potentially drop to fill the CME gap below $115,000. After starting the week with new all-time highs, Bitcoin (BTC) reverted to negative returns as its price dropped 5% to $116,850 on Tuesday. The price rejection…
Read more
A South Korean court acquitted Jang Hyun-guk, the former CEO of blockchain gaming firm Wemade, of manipulating the WEMIX crypto token’s circulation. On Tuesday, local news outlet News1 reported that the Seoul Southern District Court ruled Jang did not intend to influence crypto market prices using deceptive means. This ruling cleared him of violating the…
Read more
Multinational bank Standard Chartered has launched a new trading service allowing institutions and corporations to trade major cryptocurrencies. Standard Chartered is rolling out spot trading for Bitcoin (BTC) and Ether (ETH) through its UK branch, the company said in a statement shared with Cointelegraph on Tuesday. Following the spot trading launch, the bank plans to…
Read more
Two Los Angeles County Sheriff’s Department deputies have admitted to using their law enforcement powers to help their private security clients, including the jailed crypto extorter dubbed “The Godfather.” David Anthony Rodriguez struck a deal to plead guilty to one count of conspiracy against rights, while Christopher Michael Cadman made a deal to admit to…
Read more